What does this 5% mean?
When I go redemption, here says there will be a 5% fluctuation of expected amount? Does it mean that I will also have chance to lose 5% of money? There’s no explanation about this 5%. A bit confused.
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Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
104118995 : If it goes xd, possible! Yesterday, it jumped a dollar+ per 1k invested. Nav drop but u get in div, hopefully it net off and still above your ave price. I will never redeem close to mthend or xd.
Moomoo Buddy : Dear valued customer, because the NAV is uncertain and is confirmed by the fund company, the final redemption amount is also uncertain. So there is a chance to have 5% increase or decrease of current NAV. Thanks for your support. Have a nice day!